This photo is from 2006, just imagine how bad it is now. Yeesh! / Image source: Reuters
How bad does traffic have to get before the government has to step in and regulate and cap car sales? Well, Beijing just found out. continue reading...
GM and Chrysler have made it clear that they need $21.6 billion in federal loans to stay afloat, in addition to the bailout money they have already received. They have also released detailed plans in which they cut 50,000 jobs, close several plants, and drop some of their weaker brands. Experts say this request for more money is no surprise. continue reading...
